Comstock Metals Ltd. · TSXV:CSL.H

Comstock Metals — Investor Presentation (May 2022)

17 slides from Comstock Metals's investor presentation, May 17, 2022

  1. Slide 1: Corporate Presentation

    TSX-V: CSL, OTC: CMMMF CORPORATE PRESENTATION May 17, 2022 STARTUP X 1

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation includes certain “forward-looking statements” within the meaning of Canadian securities legislation. All statements other than statements of historical fact included in this presentation, including, without limitation, statements regarding potential mineralization and re

  3. Slide 3: Corporate Overview

    CORPORATE OVERVIEW • Vancouver-based Comstock Metals Ltd. (TSX-V: CSL, OTC: CMMMF) is a publically traded company listed on the TSX Venture exchange. • On March 31, 2022 Comstock closed the sale of its resource-stage gold project in the La Ronge district of Saskatchewan to MAS Gold Corp. (TSX-V: MAS

  4. Slide 4: Management

    MANAGEMENT Steven H. Goldman, B.A., J.D. | President, CEO & Director • CEO (since 2018) and Director (since 2016) • Founder and Counsel to Goldman Hine LLP, a Toronto law firm • Extensive public board and private company experience • Director of Select Sands Corp. (TSX.V: SNS) and MAS Gold Corp. (TS

  5. Slide 5: Board of Directors

    BOARD OF DIRECTORS Steven H. Goldman, B.A., J.D. | President, CEO & Director Arnold Tenney | Chairman • Previous Chairman of Select Sands Corp. (~2 years) • Previous Chairman of Tribute Pharmaceuticals Inc. (12 years) • Previous CEO of Arc International Corp. (22 years) Derek Knight | Director • COO

  6. Slide 6: Advisor

    ADVISOR Dr. K. Sethu Raman | Advisor • Successful entrepreneur with ~50 years experience and a proven mine finder • Experience spans exploration, mine development, acquisitions, and operations as well as experience in financial and legal areas. • Ph.D. in Geology from Carleton University and a UNESC

  7. Slide 7: Comstock Metals Shares

    Comstock Metals Shares (TSX.V: CSL) STOCK INFORMATION* SHAREHOLDERS** *as of market close on May 16, 2022 • Family Office/Family Investments (22.3 %) Share Price: $0.09 Market Cap: $2,634,469 • Select Sands Corp. [TSX.V:SNS] (15.5 %) 52 week high: 0.11, low: 0.075 • Board of Directors (13.3 %) OUTST

  8. Slide 8: MAS Gold Corp. Investment (Northern Saskatchewan)

    MAS Gold Corp. Investment (Northern Saskatchewan) STARTUP X 8 8

  9. Slide 9: Comstock and MAS Gold Corp. Close Deal for the Acquisition of the Preview SW Gold Project

    Comstock and MAS Gold Corp. Close Deal for the Acquisition of the Preview SW Gold Project.1,2,3 • Further to the deal announced on December 14, 2021, on March 31, 2022 Comstock Metals Ltd. (TSX-V: CSL) and MAS Gold Corp. (TSX.V:MAS) announced the completion of the sale by Comstock of 100% of its int

  10. Slide 10: Comstock and MAS Gold Corporate Update

    Comstock and MAS Gold Corporate Update 1 • At Comstock’s Annual General and Special Meeting held on March 4, 2022, all of the resolutions proposed by management were overwhelmingly approved by shareholders, including: 1. the re-appointment of Comstock’s directors until its next annual general meetin

  11. Slide 11: La Ronge Gold District

    La Ronge Gold District • Saskatchewan is 3rd out of 77 global mining jurisdictions and 4th in the Best Practices Mineral Potential Index1 • MAS Gold Corp. land holdings are located ~40 km N of La Ronge and ~ 80 km SW of SSR Mining Inc.’s Seabee Gold Operation (>1.3 M oz produced since 1991)2 • Seabe

  12. Slide 12: MAS Gold Corp. Claim Holdings

    MAS Gold Corp. Claim Holdings1 STARTUP X 12 1Map of Gold Claims from Comstock’s Press Release dated January 20, 2022. 12

  13. Slide 13: Activity in the La Ronge Gold Belt

    Mines & Deposits Au Producing Mine Au Past Producing Mine/ Deposit ACTIVITY IN THE Cu-Ag (Au) Mine/ Ni-Cu Deposit LA RONGE MAS Gold Corp. Mineral Properties GOLD BELT • SSR Mining Inc. (TSX: SSRM) produced 118,888 oz of gold at Seabee mill/Santoy SSR Mining Lake mine in 20211 • MAS Gold Corp. (TSX.V

  14. Slide 14: Comstock and MAS Gold Winter Drilling Update

    Comstock and MAS Gold Winter Drilling Update 1 • As of March 24, 2022, MAS Gold and Comstock have made substantial progress in advancing the 8,000 meter drilling program previously announced in Comstock’s press release dated January 20, 2022. Preview SW Property (formerly owned by Comstock) • The dr

  15. Slide 15: MAS Gold Corp. Overview

    MAS Gold Gold Corp. Overview 1 • MAS Gold’s holdings include the North Lake, Greywacke North, Bakos and Point gold deposits and the historically defined Elizabeth Lake copper-gold volcanic-hosted massive sulphide deposit. MAS has added the Preview SW deposit 1. North Lake Deposit • Located at the Pr

  16. Slide 16: MAS Gold Corp. Overview - Continued

    MAS Gold Gold Corp. Overview - Continued 1 • MAS Gold’s holdings in the La Ronge Gold belt also include the recently acquired Preview SW deposit and property, and the Bakos Depsit. 4. Preview SW Deposit • Purchased from Comstock Metals Ltd., the Preview SW deposit is located in the Preview land pack

  17. Slide 17: Head Office

    TSX-V: CSL | OTC: CMMMF TSX-V: CSL HEAD OFFICE HEAD OFFICE CONTACT CONTACT 310-850 West Hastings Street Steven H. Goldman 310-850 West Vancouver, HastingsV6C BC Canada Street 1E1 +1 604 639 4533 President & CEO Vancouver, BC Canada V6C 1E1 info@comstock-metals.com Toronto, ON (416) 917-1533 (cell) s

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